---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-109242"
form_type: "8-K"
ticker: "LCID"
cik: "0001811210"
company_name: "Lucid Group, Inc."
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T14:06:28.391924+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Lucid Group announces preliminary Q3 results and public offering of common stock, with PIF affiliate investment

## Summary
- Preliminary Q3 2024 revenue estimated between $199M and $200M, and loss from operations between $765M and $790M.
- Vehicle production of 1,805 units and deliveries of 2,781 units in Q3 2024.
- Public offering of 262,446,931 shares commenced; underwriter option for additional 39,367,040 shares.
- Majority stockholder Ayar to purchase 374,717,927 shares in concurrent private placement, maintaining ~58.8% ownership.

## SEC filing metadata
- accession: 0001104659-24-109242
- form_type: 8-K
- ticker: LCID
- cik: 0001811210
- company_name: Lucid Group, Inc.
- filed_at: 2024-10-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811210/000110465924109242/0001104659-24-109242-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811210/000110465924109242/tm2426052d7_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-109242
- JSON: https://secwatch.observer/filing/0001104659-24-109242.json
- Plain text: https://secwatch.observer/filing/0001104659-24-109242.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.